Primary reason: “your friend’s fund” is ordinary paranoid lawyer for “money laundering” and even if this specific one is sympathetic a paranoid lawyer predicts it would get adverse selected instantly. Secondary reason: it’s an exception that costs someone money and those exceptions generally mean protracted expensive legal battles.
#noxp Ok, my real feelings about this are that there’s an extremely bad take about this going around which is “EA organisations will be legally obligated to give back the funds, so they should arrange to do that themselves now” (e.g. https://www.reddit.com/r/SneerClub/comments/zp1zmn/eliezer_yudkowsky_advises_his_fellow_effective/ and https://twitter.com/EpsilonTheory/status/1603024974683463681?s=20&t=Vx8poRgFh5LU_sM7Aztj0g)
@TetraspaceGrouping I do not think SneerClub is accepting argumentation advice that will make them incorrect less often 😔